News that the prolific, dangerous and feared LockBit ransomware cartel has been significantly disrupted<\/a> by the UK\u2019s National Crime Agency (NCA), the FBI and others, has been welcomed by the cyber security community.<\/p>\n Operation Cronos, which has been quietly unfolding over a period of several months, saw the NCA and partners compromise the gang\u2019s infrastructure and seize assets including servers, bespoke tools, and dark websites used by the operation and its affiliates.<\/p>\n The authorities have also frozen a number of cryptocurrency accounts linked to the LockBit gang<\/a>, and we now know that two people have been taken into police custody<\/a> in Poland and Ukraine.<\/p>\n In response to this development, our CEO Camellia Chan shared with Computer Weekly: \u201cWe can\u2019t expect the gang that hit ICBC [China\u2019s largest bank] with a cyber attack so bad it disrupted the US treasury market<\/a> to go down without a fight. LockBit could even re-invent itself in time, as we\u2019ve seen with other ransomware gang rebrands. Plus, there\u2019s no doubt there are other threat actors just around the corner. For businesses, this should be a wake-up call to bolster defences.\u201d<\/p>\n Her advice? \u201cTo meet the fast-evolving threat landscape, organisations need to be proactive in recognising security gaps and must address those with innovative, proven solutions at both the software and the hardware layer\u201d.<\/p>\n Take pre-emptive action against cybercriminals, contact us<\/a> to learn more about our firmware and hardware-based data protection solutions today.<\/p>\n Read responses from Camellia and other experts in the industry in these articles by:<\/p>\n Disruption of LockBit Ransomware Cartel News that the prolific, dangerous and feared LockBit ransomware cartel has been significantly disrupted by the UK\u2019s National Crime Agency (NCA), the FBI and others, […]<\/p>\n","protected":false},"author":2,"featured_media":85514,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-85513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media"],"_links":{"self":[{"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/posts\/85513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/comments?post=85513"}],"version-history":[{"count":1,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/posts\/85513\/revisions"}],"predecessor-version":[{"id":109642,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/posts\/85513\/revisions\/109642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/media\/85514"}],"wp:attachment":[{"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/media?parent=85513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/categories?post=85513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/x-phy.com\/wp-json\/wp\/v2\/tags?post=85513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Operation Cronos: Disclose the Covert Endeavor<\/h3>\n
Financial Clampdown: Freezing Cryptocurrency Accounts<\/h3>\n
Future Uncertainties and Proactive Measures<\/h3>\n
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